MBA: Mortgage applications slide 0.6% from last week

According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average was unchanged at 3.82 percent with an average 0.6. mortgage activity accounted for 49.8 percent of all.

Fixed mortgage rates hold steady as political, economic concerns fester Private sector gains 130,000 jobs in October Prospective job seekers meet Oct. 24 with company reps at the annual "Honor a Hero – Hire a Vet" job fair in Van Nuys, Calif. (Photo: Frederic J. Brown, AFP/Getty Images) The 16-day government shutdown hurt jobs growth in the private sector this month with only 130,000 jobs added, a drop if 15,000 from September, [.]A terrorist attack in Spain and political drama in Washington continued to put downward pressure on mortgage rates this week. According to the latest data released Thursday by Freddie Mac, the 30-year.

Mortgage applications reversed course for the week ending March 13, 2019, according to the newest data from the Mortgage Bankers Association’s weekly Mortgage Applications Survey. On an unadjusted basis, the Market Composite index rose 3% from the previous week. MBA Vice President of Economic and Industry Forecasting Joel Kan explained that purchase activity picked up last week, led by a 5.5.

Borrowers and buyers awoke to a new normal in housing affordability last week, as mortgage rates dropped to the lowest level in more than a year and are now expected to stay low for a while. Load.

“Application activity fell last week. 41.6% the previous week. The adjustable-rate mortgage (arm) share fell to 7.5%. The FHA share rose to 11.0% from 10.5%, the VA share rose to 11.0% from 10.0%,

Additionally, the MBA’s report showed that the Federal Housing Administration share of mortgage applications fell by two basis points from 9.7% last week to 9.5% this week, while the Department of Veteran Affairs’ share of total applications fell to 11.9% from 12.5% during the week prior.

MBA Mortgage Applications: +13.0% vs. +0.6% last week. Thirty-year fixed mortgage rate increased to 4.60% from 4.57%. Thirty-year fixed mortgage rate increased to 4.60% from 4.57%. Subscribe for.

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15-year fixed rates fell from 3.99% to 3.89% in the week, while up from 3.44% from a year ago. The average fee remained unchanged at 0.4 points. 5-year fixed rates decreased from 3.98% to 3.83% in the.

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Mortgage applications decreased nine percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA. from 8.5 percent last week. The USDA share of total applications.

Mortgage Bankers Association - Designing Spaces – Composite Index Week/Week -12.0%. Previous weeks were +2.5%, -4.0%, -0.7%, -9.4%, +5.5%, -9.2%, -1.2%, -1.2%, -4.1%, -0.6%, -6.0%, and +2.9%. Note that "previous" is 2 weeks ago since there was no report last week due to Christmas. The sharp drop in refinance applications is due to higher rates. The Purchase data is seasonally adjusted.

Mortgage. applications from 43.6% the previous week. The adjustable-rate (ARM) share of activity remained unchanged at 7.6%. The FHA share of total applications rose to 10.0% from 9.7%, the VA.

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Adjustable rate mortgage loans accounted for 6.6% of all applications, down a full percentage point compared with the prior week. According to the MBA, last week’s average mortgage loan rate for a.